MEETING OF FEBRUARY 17, 2004
Members in attendance: Bruce
Tincher, John Durbin, Paula Englert, Gerald Neihoff
Also in attendance was
Principal Margie Blecher.
Margie gave a school
report. There are at least 71 students expected
to pre-enroll for next year. This is
before opening registration to the public.
Margie did not have any new fundraising amounts to report. Because of the larger 3rd and 4th
grade classes moving up to 4th and 5th grade, the school
may need to hire another ˝ time teacher to ensure quality of math and science
classes. The proposed increases to
tuition and fees were approved by the school board last month. Margie will have tentative enrollment figures
and a rough budget for 2004-05 prior to the next Committee meeting.
Margie left the meeting.
John distributed the balance
sheet and income statements for July 1 through December 31st with a comparision to budget.
He also distributed the January 31, 2004 financial reports. Overall we are slightly ahead of budget
(about $2,800) through six months. This
amount includes net operations of the school (which is “behind” on fundraising
because of the timing of major fundraising events). A six month summary of the parish income and
expenses and the last full fiscal year will be made available to the general
parish in the near future.
The church renovation and
general repairs was discussed. Mr. Black
(a local contractor) had conducted an extensive survey of repairs needed, but
any repairs have been put on hold pending the hiring of a contractor to do the
renovation work. However, Gerald highly
recommended that we have Mr. Black attempt to stop the water leak on the south
side of church which is causing plaster damage along the length of the
wall.
The Committee highly
recommended the opening of a separate “renovation” bank account to be used just
for our renovation project. Through
January 31, 2004 $13,048 in donations have been received and deposited into the
general fund and $9,242 in expenses has been paid from the general fund. Therefore, the opening balance of the
separate account would be $3,806. All
future donations and expenses would run through the new account. Our parish has approximately $272,000 in
funds in a separate account on deposit with the Diocese of Owensboro that will
be withdrawn as needed for preliminary expenses of the renovation process. John gave the Committee an overview of the
latest proposal for renovations to the Church.
Paula Englert
requested the opinion of the Committee on the possibility of stopping the car
raffle at the annual picnic and replacing it with a different prize. Concerns over liability issues, the care of
the vehicle during the many months and the fact few winners take the vehicle
(opting for cash instead) were expressed.
The Committee was generally agreeable with bringing cash back as the
prize or prizes. The Committee
unanimously recommended changing the ticket face values from $1.00 to $5.00 for
efficiency purposes. Paula will take the
Committee’s recommendations back to the Picnic Raffle Committee which will have
to meet soon.
The next meeting date was set
for Tuesday, March 23rd at 6:30.
Prepared and submitted by
John Durbin